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Fiscal Autonomy of Local Governments by Edwin Padillo is a document available to read on EtoBox.

What is Fiscal Autonomy of Local Governments about?

Fiscal autonomy means that LGUs have the power to generate their own revenues through taxation and allocate their own budgets according to local priorities. While Congress has control over LGU taxing powers, the power cannot be taken away and doubts are resolved in favor of LGUs. LGUs can tax both private entities and GOCCs operating within their jurisdictions. The IRA from the national government must also be automatically released to LGUs without withholding or restrictions. LGUs have several constitution

Author

Edwin Padillo

Language

EN